In 2024, Bitcoin's Bitcoin rally reached 100,000 US dollars. Which Bitcoin trading institutions in the currency circle made profits?

With Bitcoin (BTC) price surging towards the $100,000 mark in 2024, the cryptocurrency space is witnessing huge profit opportunities. As giants in the cryptocurrency market, BTC trading institutions in the currency circle have benefited greatly from this wave of market growth, taking full advantage of the ensuing increase in trading volume and price. This article will provide an in-depth analysis of which BTC trading institutions will benefit the most from the market boom in 2024, and explore how they can use this bull run to increase their returns.

Bitcoin will rise to US$100,000 in 2024, the most profitable currency trading institution

With the The price of Bitcoin reached US$100,000, and a number of highly profitable trading institutions emerged in the currency circle. The following are the most popular ones in the market:

1. Huobi Global

Huobi Global is one of the world’s leading Bitcoin exchanges, with Huge user base and liquidity. Huobi Global’s trading volume and revenue increased significantly during the Bitcoin price rally, making it one of the biggest winners.

2. Binance

Binance is another leading Bitcoin exchange with a wide range of cryptocurrency products and services. Its large size and strong technical infrastructure allow it to process large volumes of transactions, thereby making huge profits on the rise of Bitcoin.

3. OKX

OKX is an emerging Bitcoin exchange with its innovative technology and low transaction fees. During the 2024 Bitcoin rally, OKX quickly emerged as a major player, reaping huge gains from trading volume and revenue.

4. Coinbase

Coinbase is the most popular Bitcoin exchange in the United States. Its well-known brand and regulatory compliance attract a large number of institutional and individual investors, allowing Coinbase to make substantial profits when Bitcoin rises.

5. Kraken

Kraken is an established Bitcoin exchange that focuses on security and compliance. Its reliability and commitment to customer service have made Kraken popular among institutional investors, delivering strong returns for the company during Bitcoin's rise.

Other profit-making institutions

In addition to the above-mentioned major exchanges, there are many other currency trading institutions that are also profiting from the rise of Bitcoin, such as:

• Gemini
• Bitfi nex
• FTX
• Gate.io

The wide range of trading pairs, leveraged trading and advanced trading tools offered by these exchanges attract a large number of traders, Huge profits were made during the Bitcoin price increase.

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